Mama Shelter

Key facts

Handover (past)

Q4 2023

Status

Ready

Property types

apartment

Availability

Limited availability, confirm with us

Payment plan

Available units

Amenities

• Restaurants
• Gymnasium
• Mosque
• Well-being and Fitness
• Cafe and Restaurants
• Health Club
• Children's Play Area
• Shared Pool

Location

Mama Shelter sits in Mama Shelter Residences.

Master plan

The developer’s own site plan for Mama Shelter, showing how the buildings, roads and open space sit together.

How Mama Shelter compares

Entry here is AED 967,059, against a median of AED 2.0M across the 75 priced projects in Business Bay, which puts it above 5 of them and below 69. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2023, alongside 46 other projects completing in the same quarter. The Devmark Group has 2 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 10% during construction, 10% at handover and 60% after handover. At the AED 967,059 entry price, that is AED 193,000 to reserve a unit, AED 97,000 across the build, and AED 97,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 39,000 at this entry price. That 20% booking payment does not go to The Devmark Group directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 458 square feet at AED 967,059, which works out at AED 2,111 per square foot. Stated sizes run from 458 to 907 square feet.

Handover and construction

Mama Shelter handed over in Q4 2023.

Ownership and residency

The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,130,249 and clear it on their own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 458 square foot entry unit that is about AED 6,000 to AED 10,000 a year.

Who it suits

The development is apartments in studio to 2 bedroom layouts.

What is on site

Shared facilities recorded for Mama Shelter lead with mosque, well-being and fitness, cafe and restaurants and health club, alongside the restaurants, gymnasium, children's play area and shared pool that most Dubai developments carry. 3 floor plans are published for it.

Frequently asked